36 international sales companies awarded €3 million

The latest results from Creative Europe’s annual funding opportunity for sales agents have been published, seeing 36 companies from eight countries sharing a total of €3 million.

The grants are awarded to sales agents based on their performance selling European films and can be used to reinvest in minimum guarantees or advances paid for the international sales rights of non-national European films as well as costs relating to the promotion, marketing and advertising of those films.

In this round, three UK sales companies have been successful, Hanway, WestEnd Films and Metro, sharing €140,000 between them. Hanway used their reinvestment grant from 2015 for Irish/American film Mary Shelley (originally titled A Storm In the Stars), which is currently in post-production and scheduled for release this year.

Once again, the largest subsidy (€411,000) was generated by French sales company Studiocanal and over half of the total fund has been allocated to French companies in general. Overall, the five companies to secure the most funding are:

Studiocanal SA (France)

Societe Parisienne de Production (France)

TrustNordisk (Denmrk)

Pathe Distribution (France)

Films Distribution (France)

The five films that performed strongest at the box office and so generated the highest re-investment fund for their sales agents are: